There's already standards released and available for FMEA, see the SAE's J
standard, and the venerable MIL-STD-1629. So why do we need another? Before
we go gaily skipping down the primrose path of generating another
standard, perhaps someone could state clearly why these are inadequate and
clearly define what the hoped for improvement is?

I haven't seen pictures in the news of crowds of angry RAM engineers
besieging their local standards organisations, angrily waving FMEA reports
in the air and demanding action to include 'C' into the acronym.